Tag: commercial building

March 7, 2022

The Federal Highway Administration (FHWA) recently released a report to Congress showing the agency’s efforts to widely implement a Complete Streets design model across the country. According to a news release from FHWA, the goal of the Complete Streets design […]

November 30, 2021

Across the country, developers are placing big bets on mixed-use projects, many of them with budgets into the billions or hundreds of millions. In the Urban Land Institute’s 2022 Emerging Trends in Real Estate report, expectations for the performance of […]

November 5, 2021

As COVID-19 continues to impact the construction industry, New York City faces an uncertain near-term economic future, according to the report. Delays in the federal infrastructure bill are also not sparking much optimism, it said. But Carlo Scissura, president and […]

November 4, 2021

Other factors explaining why investment in nonresidential structures dropped during seven of the past eight quarters include pandemic-induced behavior changes. In other words, the pandemic has “undermined” several commercial real estate segments, such as reduced business travel and office space […]

September 28, 2021

Large construction projects primarily involve design-build work, where a design firm and contractor join forces, either through a joint venture or in a prime contractor/subcontractor relationship, to design and construct the project. The design-build team owns the design and the […]

August 30, 2021

A similar incident was reported last summer at another huge Las Vegas hotel project, the $4.3 billion Resorts World Las Vegas. According to a statement from Resorts World, a noose was discovered in one of the hotel’s towers and reported […]

August 30, 2021

From the pyramids to the Burj Khalifa, for centuries the ability to create sophisticated structures has been the yardstick by which civilizations have been measured. Just as our capacity to build has evolved over time, so too have the methods […]

August 20, 2021

Construction Dive reached out to Atlantic Coast Utilities and Moloney for comment through publicly available contact information for the company, but the individual who answered the phone claimed it was the wrong number. In a statement obtained by the Associated […]

June 15, 2021

Associated Builders and Contractors reports today that its Construction Backlog Indicator rose to 8.0 months in May, according to an ABC member survey conducted from May 20 to June 2, 0.1 months higher than in April 2021 and May 2020. […]

May 24, 2021

Other states are also cutting off federal pandemic benefits, hoping that their unemployed residents will head back to work. As of Friday, May 21, according to CNBC, at least 21 other states are getting ready to opt out of the […]

May 11, 2021

The uptick in the institutional sector, which includes healthcare, education, dormitories, recreation facilities and public buildings such as courts and prisons, seems to be driven by longer-term optimism about the country’s overall progress against COVID-19, even as the hurdles that […]

May 4, 2021

Due to its complexity, much of the subject matter concerning the economy requires detailed editorial commentary, often supported by relevant tables and graphs. At the same time, though, there are many topics (e.g., relating to demographics, housing starts, etc.) that […]

April 15, 2021

The administration pulled the grades from the American Society of Civil Engineers’ infrastructure report card, according to U.S. News and World Report. The ASCE gave the country as a whole a C-minus grade — an improvement over its previous score […]

April 12, 2021

Today, the White House released state-by-state fact sheets that highlight the needs in every state across the country for the investments proposed by President Biden in the American Jobs Plan. The fact sheets highlight 12 key areas to be addressed […]

April 9, 2021

The Blue Book Network Velocity Index ticked up 0.5% to 100.9 in February from a revised 100.5 in January (December 2018 = 100). This the most stable the Index has been since before the pandemic began. The Blue Book Network […]

March 24, 2021

Earlier this month, the American Society of Civil Engineers designated 13 new projects as Infrastructure Gamechangers — groundbreaking projects and programs that represent the latest innovations in transportation, water and energy infrastructure. Located across the country, these projects make use […]

March 24, 2021

U.S. hospitals, according to the American Hospital Association, lost $323 billion in 2020 revenue, primarily due to the elective and non-emergency procedures that were canceled last year so that COVID-19 patients could be given priority. The association estimates that 2021 […]

February 26, 2021

On the call, Larkin explained the company’s internal investigation uncovered issues related to the timely recording of forecasted costs in its heavy civil group. Since taking over leadership last fall, he said he’s headed a “cultural reinvigoration” to emphasize clear-cut […]

February 19, 2021

Plaza Construction, a New York City-based construction management firm that has mostly focused on commercial construction in recent years, has re-launched its luxury Plaza Homes division to meet surging demand in the sector as other nonresidential contractors pile into the […]

February 16, 2021

Below are six graphs recording 12-month moving averages of ConstructConnect’s nonresidential construction starts. When the value of the current month is higher than for the same month a year ago, the line will turn up; when lower, it will dip. […]